Economy

The Bank of England raised interest rates by 0.5 per cent today at its monetary policy meeting. This marks the Bank's tenth straight hike to the base rate, which now stands at...

MSCI will launch new screening tools early next year to help investors  identify companies that are contributing to biodiversity loss and deforestation.  The tools, which will be available to institutional investors when...

After the mini-crisis of the Truss era, the dust appears to be settling for the DB pension sector as gilt yields moderate. Yet questions remain for the regulator, trustees and investment consultants...

Amid the tumultuous events of the past 12 months, pension fund managers may be forgiven for overlooking the commitments made at the delayed COP26 meeting in Glasgow and at Egypt’s COP27. Yet...

One third of older workers no longer have enough income to cover basic living costs, causing significant numbers to rethink their retirement plans. The research by Working Wise and sponsored by Phoenix...

Six out of the 10 largest DC pension providers have yet to publish 2025 emission reduction targets, seen as a key part of hitting net zero targets. This was one of the...

Pension schemes and asset owners need to interrogate asset managers on their voting record on climate change if they are to meet stretching 2030 net zero targets. Speaking in a panel discussion at...

Advisers are calling for an overhaul for Lifetime Isas, to ensure the benefits meet current market conditions amid fears that some first-time buyers are being hit with unfair penalties. These tax-efficient savings...

Green campaign group, Make My Money Matter has joined criticism of HSBC for ploughing money into fossil fuels and other polluting activities within its ‘sustainable finance’ investments.  The bank has committed to...

The government has refused to commit to honouring the triple lock on pensions ahead of the publication of its medium term fiscal plan, now due on 17 November. Last week the then...